3M Company (MMM) price prediction for 2022
Predicted price range for 3M Company Our trading algorithm values 3M Company (MMM) to be fairly valued. ###PLOTLYGRAPH### The red lines in this plot …
Read ArticlePredicted price range for Kroger Company
Our trading algorithm values Kroger Company (KR) to be strongly undervalued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | strongly undervalued |
| Current trend | uptrend |
| Buy/Sell Recommendation | Strong Buy |
| Current Price | $42.11 |
| 60 Day Prediction | $49.89 |
| 60 Day Pred - Lower Bound | $47.0 |
| 60 Day Pred - Upper Bound | $52.73 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = 0.065 * nr_days_in_the_future + 47.954
Based on this information, our algorithm recommends the trading decision: Strong Buy. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
KR traded at $42.11 this Tuesday October 18th, loosing $-3.57 or -8.48 percent since last week.
Looking back, over the last month, KR has been loosing $-3.16 or -7.5 percent.
Over the last year, it has been gaining.
Seasonality of Kroger Company
Using our AI model, we have been analyzing the value change for Kroger Company depending on the day or month of a year. This can be seen in the following graph:
